Site work and paving for a mixed-use development in Denison, Texas. Completed plans call for site work for a road / highway; sidewalk / parking lot; water / sewer project; for paving for a road / highway; and sidewalk / parking lot.

https://www.kten.com/story/48632307/denison-approves-multimillion-dollar-projects-for-2023 Denison approves multi-million dollar projects for 2023 DENISON, Texas (KTEN)--At their latest meeting, the Denison city council approved $42.3 million for infrastructure improvements over the coming year. The biggest ticket item is a new pump station on Lake Texoma, with a $17 million price tag "It will take water from Lake Texoma, pump that in, and then transport it--there's also a transmission line--all the way to Lake Randell, and then from Lake Randell it's pulled into the treatment process," said Fanchon Stearns, Denison capital improvement project and engineering manager. The Waterloo sewer line is also getting a facelift to the tune of $5 million, allowing more development in the area "It's old, it's undersized, so we're replacing it and making it a little bit bigger, and also extending it to serve frontage along highway 75," Stearns said. "That will allow for commercial development and residential development all up and down the 75 corridor, and it will also improve service for existing customers in those neighborhoods." Denison is funding these projects with bonds with low interest rates, thanks to the city's strong borrowing history. The city will receive the funds in late April and pay off the bonds over the next 20 years. "The credit ratings are much like our own personal credit ratings," financial advisor Marti Shew said. "The higher your personal credit rating, the lower the cost of borrowing when you go to apply for a mortgage or buy a car. The same holds true for the city--so the higher your credit rating, the lower the cost of borrowing when you issue bonds" Other projects included in the plans are further construction on Loy Lake Road, and expanding the Rylant water treatment plant. ______________________ This project consists of the reconstruction of Loy Lake from the US-75 service road to approximately 100 feet north of Odell Avenue. The reconstruction of Loy Lake includes the following: approximately 3,600 feet of 37' B-B undivided reinforced concrete pavement with curb and gutter and sidewalk on each side of the roadway, a round-a-bout, storm sewer, water, and sanitary sewer construction, a 6'-wide concrete trail, pavement markings, and signage. Bids received accordingly by the deadline will be opened and read aloud in the Council Chambers of City Hall, located at 300 W. Main Street, Denison, Texas 75020. All inquiries and questions must be made in writing electronically , prior to 3:00 pm on Tuesday, September 27, 2022. Engineer will provide to prospective Bidders of Record such Addenda as Engineer considers necessary in response to questions received The City reserves the right to waive any minor informalities or irregularities in any proposal. The City also reserves the right to reject any and/or all proposals, to award contracts for individual products orservices as may appear advantageous, and in accordance with the law, to negotiate separately in any manner necessary to serve the best interest of the City. No bid may be withdrawn within forty-five (45) days after the date on which bids are opened. The deadline to ask questions is 9/30/2022 5:00 PM CST